27 June 2001, 11:36 IMF says further US interest rate cuts may be necessary
Washington, June 26 (BridgeNews) - The U.S. may need to cut interest
rates further to ensure economic growth, the International Monetary Fund
concluded in its annual evaluation of its largest shareholder. In its
review, the IMF also said that the dollar is likely to depreciate
gradually "in the period ahead."
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